Teck Resources publishes Q3 2026 earnings call transcript
TECK•TECK•TECK•TECK•Teck Resources reported adjusted EBITDA of $2.3 billion, double the prior figure, and operating cash flow of $1.6 billion. It maintained its 12–18-month Anglo American merger timetable and lowered annual net cash unit cost guidance for copper and zinc.
Teck Resources held its Q3 2026 earnings call on October 29. Adjusted EBITDA doubled to $2.3 billion, operating cash flow reached $1.6 billion, and annual net cash unit cost guidance fell to USD 1.80–2 per pound for copper and USD 0.30–0.40 for zinc.
CEO Jonathan Price maintained the Anglo American merger timetable at 12–18 months from September 2025, with China's antitrust clearance remaining the final regulatory approval. Despite severe weather disruptions, QB's annual copper production forecast remained 200,000–235,000 tonnes; its next maintenance shutdown is scheduled for the first quarter of 2027.
